Election Financial News

industrialisation still remains a key issue in the Hooghly Lok Sabha constituency where two cine stars, contesting on TMC and BJP tickets, pledge to revive industry in the region. Hooghly district, home to Singur area, rose to national prominence in 2006-2007 due to the anti-land acquisition movement against the erstwhile Left Front government that eventually caused the regime's downfall, catapulting agitating TMC to power in the state. But even after 16 years, the issue of the lost opportunity of industrialisation continues to dominate poll narratives of all parties in the fray. TMC supremo Mamata Banerjee has fielded political greenhorn Rachana Banerjee, the charismatic host of the long-running hit TV show 'Didi No 1', to challenge the incumbent MP and noted actor Locket Chatterjee, representing the BJP.

Lok Sabha polls, several Samajwadi Party leaders joined the Bharatiya Janata Party in Lucknow on Sunday. Former Samajwadi Party MLA Jai Choubey and several other leaders including Balram Yadav, and Jagat Jaiswal joined the BJP in the presence of Uttar Pradesh Deputy Chief Minister Brajesh Pathak. «Former MLA and several district presidents have joined our party today. Welcome, and congratulations to all of you. Those working at the block level are also coming along with them, they have a big responsibility in their hands,» Pathak said.

Akali Dal is all set to contest the Gurdaspur Lok Sabha seat on party symbol 'takdi' or scales for the first time since 1996 as it braces for a showdown with its former ally which has used star power to clinch the seat on numerous occasions. The Shiromani Akali Dal had joined hands with the Bharatiya Janata Party in 1996. As part of the seat-sharing arrangement for the 13 Lok Sabha constituencies of Punjab, the BJP used to contest from Amritsar, Gurdaspur and Hoshiarpur. The SAD walked out of the BJP-led National Democratic Alliance in 2020 over the now-repealed farm laws. The SAD walked out of the BJP-led National Democratic Alliance in 2020 over the now-repealed farm laws.

Why Delhi CM Arvind Kejriwal can't cast a vote in Lok Sabha Elections on May 25? "Today people have come from different parts of Delhi to participate in this walkathon for Arvind Kejriwal. They are showing their support and love, and giving blessings. Delhi people are fighting the election.

Also Read | India slams US report on ‘rights issue’ in Manipur, BBC raids: ‘Deeply biased, reflects very poor understanding’ "The Election Commission of India has, under Sections 58(2) and 58A(2) of the Representation of the People Act, 1951, directed that the poll taken on April 26, 2024 (Friday) in respect of 6 polling stations listed in the table below of 2- Outer Manipur (ST) Parliamentary Constituency to be void and appointed April 30, 2024 (Tuesday) as the date for taking fresh poll at the said polling stations with hours of poll from 7:00 AM to 4:00 PM," an official statement said, as quoted by PTI. On the day of the vote, several stations reported damages to the EVMs and VVPATs before the voting process could be completed.

Prime Minister Narendra Modi, senior Congress leader P Chidambaram on Sunday said the PM has imagined a Congress manifesto written by one of his ghost speech writers and he should debate the real issues included in the document. Chidambaram's remarks come amid repeated attacks by the prime minister over Congress leader Sam Pitroda's 'inheritance tax' comments amid the row on the issue of 'wealth redistribution'. «The Hon'ble Prime Minister continues to discover and read in the Congress' manifesto words and sentences that are not there! He has imagined a Congress' manifesto written by one of his ghost speech writers,» Chidambaram, who was the chairman of the committee that drafted the Congress manifesto, said. The phrase 'inheritance tax' does not occur anywhere in the manifesto, the former finance minister said in his post on X.

BJP president J P Nadda on Sunday asked if West Bengal Chief Minister Mamata Banerjee wants to win the Lok Sabha elections by scaring and threatening people as he hit out at her government over the seizure of arms and ammunition by the CBI in Sandeshkhali. In a statement, he expressed confidence that the BJP will win over 35 of the 42 Lok Sabha seats in the state and conveyed his party's solidarity with the Sandeshkhali women who were allegedly sexually assaulted by former Trinamool Congress strongman Shahjahan Sheikh and his associates. Sheikh, now suspended from the TMC, is in Central Bureau of Investigation (CBI) custody and is also accused of land grab by locals. The CBI on Friday seized arms and ammunition, including a police service revolver and foreign-made firearms, during searches at two premises of an associate of Sheikh.

Karnataka government has decided to form a Special Investigation Team to probe an alleged sex scandal involving Hassan MP Prajwal Revanna. Prajwal is the grandson of JD(S) patriarch and former Prime Minister H D Deve Gowda. He was the NDA candidate in the Hassan Lok Sabha constituency, which went to polls on April 26. The JD(S) joined the NDA in September last year.

Nifty Bank index has given only 12.41% returns compared to 25.89% returns by the Nifty 50 index. Beneath this underperformance lies a story. Let us explore it in detail: Investors preferred public sector banks (BPSUs) to private sector banks. BPSUs largely finance institutional and corporate borrowers and private sector banks are known for catering retail credit needs. Despite strong credit offtake, stocks of private sector banks did not do well. There is a reason. Private sector banks were richly valued compared to BPSUs. In a high interest rate regime, value conscious investors preferred to stick to BPSU. The PSU rally also improved the sentiment around PSU bank stocks. However, these stocks have a relatively low weight (around 15%) in the Nifty Bank index. Hence the positive impact on Nifty Bank Index was not as much.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says “I feel that the current market is giving an opportunity during the corrections and these corrections come on a stock-specific basis. These corrections do not come on an overall market basis. So, if Kotak Bank or Bajaj Finance is down, that becomes a buy opportunity for investors to buy into the portfolio largely because when the next trigger comes in, the recovery would be equally sharp of 20-25% and that is where contra-buy has to take place.”

Congress' Delhi president Arvinder Singh Lovely resigned from the post citing discomfort with party's decision to ally with the Aam Aadmi Party for the upcoming elections, as per a letter quoted by ANI. «The Delhi Congress Unit was against an alliance with a Party which was formed on the sole basis of leveling false, fabricated and malafide corruption charges against the Congress Party. Despite that, the Party made a decision to ally with the AAP in Delhi...,» Lovely said in a letter. «Not only did I publicly back the decision, I also ensured that the full State Unit fell in line with the High Command's final order. On instructions from AICC General Security, I even went to the extent of visiting Arvind Kejriwal's resident on the night of his arrest along with Subhash Chopra, Sandeep Dikshit, despite the same being against my position on the matter,» Lovely said.

Aam Aadmi Party (AAP) has put all three leaders on the star campaigners list for the ongoing Lok Sabha Elections 2024. Can Arvind Kejriwal and his former ministers vote in the ongoing elections? Let’s explore: Delhi, where Chief Minister Arvind Kejriwal and his former ministers are currently in jail, is scheduled to vote in the sixth phase of Lok Sabha Elections on May 25, 2024.

Congress leader Mohammed Arif Khan quits as star campaigner, writes to Kharge Maharashtra's politics has become complex since 2022 after Shiv Sena and Nationalist Congress Party split into two parts. Currently, there are two Shiv Sena--(Uddhav Thackeray and Eknath Shinde). Similarly, there are also two NCPs- Sharad Pawar and Ajit Pawar.

Election Commission of India declared the polls conducted at six polling stations in the Outer Manipur Parliamentary Constituency as void and announced fresh elections in these stations on April 30. «The Election Commission of India has, under Sections 58(2) and 58A(2) of the Representation of the People Act, 1951, directed that the poll taken on April 26, 2024 (Friday) in respect of 6 polling stations listed in the table below of 2- Outer Manipur (ST) Parliamentary Constituency to be void and appointed April 30, 2024 (Tuesday) as the date for taking fresh poll at the said polling stations with hours of poll from 7:00 AM to 4:00 PM,» an official statement said. Chief Electoral Officer, Pradeep Kumar Jha further appealed to the voters of these polling stations to come out in large numbers to exercise their franchise.

Top Events of the Day: PM Modi back-to-back rallies in Karnataka; IMD heatwave alert, IPL 2024 match and more PM Modi's complete schedule here: Belagavi: Modi will start his day by addressing a public meeting at 10 a.m. Sirsi, Uttara Kannada: He will then travel to Sirsi to speak at another public meeting at noon. Davanagere: Modi's final event will be an election rally in Davanagere, beginning at 2 p.m.

Top Events of the Day: Prime Minister Narendra Modi will hold four rallies in the North Karnataka region in Belagavi, Uttara Kannada, Davanagere and Ballari on April 28. Orange alert issued over severe heatwave until April 28. Congress in Karnataka to stage protest on Apr 28 against 'paltry' drought relief given by Centre and more PM Modi will begin a full-fledged campaign in parts of Karnataka: Prime Minister Narendra Modi will address four rallies in the North Karnataka region in Belagavi, Uttara Kannada, Davanagere and Ballari on Sunday.

Madhya Pradesh that went to polls on Friday in the second phase of general elections recorded a voter turnout of 58.59 per cent, according to data released by the Election Commission on Saturday. Of the 1.1 crore eligible voters in these seats, 61.61 per cent of men and 55.46 per cent of women electors exercised their franchise, officials said. «The voter turnout in the previous (2019) Lok Sabha elections was 67 per cent in these six seats,» the state's Chief Electoral Officer Anupam Rajan said. Hoshangabad recorded the highest voting at 67.21 per cent, while Rewa stood at the bottom of the list with a turnout of 49.42 per cent, official numbers showed.

second phase of polling for five Lok Sabha constituencies, officials said on Saturday. The Nagaon seat registered the highest polling percentage at 84.97, followed by Darrang-Udalguri at 82.01, Karimganj at 80.48, Silchar at 79.05 and Diphu at 75.74, they said. Altogether 77.26 lakh electors were eligible to exercise their franchise in the second phase of polling held on Friday, the election officials said. Women voters recorded a higher turnout of 85.55 per cent compared to the polling percentage of men at 84.41 and the third gender at 16.47.

Lok Sabha elections 2024: The Congress on Saturday filed a complained with the Election Commission against Union Minister and BJP leader Anurag Thakur for his "outrageous" remarks made at an election rally, alleging that it violated the Model Code of Conduct (MCC). Party general secretary Jairam Ramesh alleged Thakur's remarks “violates standards of decency and truth" while informing that Congress has sought "immediate and meaningful" action against him, failing which they will "name and shame the offenders".

Lok Sabha elections 2024: Congress leader Priyanka Gandhi Vadra on Saturday slammed Prime Minister Narendra Modi for hitting out at her party over inheritance tax and wealth redistribution and asserted his assumptions were illogical. Addressing an election campaign rally at Udgir in Maharashtra's Latur district, Priyanka claimed that instead of seeking votes for the work the National Democratic Alliance (NDA) did in 10 years, PM Modi is resorting to “illogical talks about a political party". "Instead of seeking votes for the work done in the last 10 years, he is resorting to illogical talks about a political party wanting to steal your ornaments using an X-ray machine," she said.

Telangana Chief Minister A Revanth Reddy on Saturday claimed that the BJP is conspiring to change the Constitution and abolish reservations in the country and that Prime Minister Narendra Modi and Home Minister Amit Shah are doing a "surgical strike" on SC, ST and OBCs. The RSS, when it was founded in 1925, had decided to announce the nation as a «Hindu country» and to scrap the reservations in 100 years (by 2025), he claimed. «The reason for (BJP's slogan of) '400 paar' (above 400) is because they want to change the Constitution completely, abolish reservations and make India free of reservations,» he told reporters here. «Narendra Modi and Amit Shah are doing a 'surgical strike' on the natives of this country, the Dalits, STs and OBCs.They (BJP) have decided to make this elections as the ground for their surgical strike,» Reddy said.